Option 2: -38 million -> The current account balance is calculated as: Trade Balance (Exports - Imports) + Net Invisibles. Trade Balance = 150 million - \240 million = -90 million. Adding Net Invisibles of \52 million: -90 million + \52 million = -$38 million. The negative balance indicates a current account deficit, meaning the country is importing more goods and services than it is exporting. -> correct
The value of elements of the balance of payments are given as: Exports: 150 million Imports: 240 million Invisibles: 52 million Non-factor Services:…
CUET UG 2025 — Economics Macro
The value of elements of the balance of payments are given as:
Exports: 150 million
Imports: 240 million
Invisibles: 52 million
Non-factor Services: 30 million
Transfers: 32 million
What is the current account balance?
Held on 3 Jun 2025 · Verified 13 Jul 2026.
Options
- A
524 million
- B
−38 million
- C
−90 million
- D
114 million
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